by Sarah Boehle Pool | Apr 25, 2024 | Latest News
Should your business change its health care plan for next year? Open enrollment for most health care plans is many months away. That makes now a good time for businesses to consider changing their employer-sponsored coverage for next year, or perhaps to think about...
by Sarah Boehle Pool | Apr 24, 2024 | Latest News
Update on retirement account required minimum distributions If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax required minimum distribution (RMD) rules after reaching a certain age. If you...
by Sarah Boehle Pool | Apr 22, 2024 | Latest News
Coordinating Sec. 179 tax deductions with bonus depreciation Your business should generally maximize current year depreciation write-offs for newly acquired assets. Two federal tax breaks can be a big help in achieving this goal: first-year Section 179 depreciation...
by Sarah Boehle Pool | Apr 18, 2024 | Latest News
B2B businesses: Assess customer credit carefully Does your company operate in the business-to-business (B2B) marketplace? If so, you’re no doubt aware of the double-edged sword that is customer credit. On the one hand, it’s common practice. Most customers likely...
by Sarah Boehle Pool | Apr 17, 2024 | Latest News
How renting out a vacation property will affect your taxes Are you dreaming of buying a vacation beach home, lakefront cottage or ski chalet? Or perhaps you’re fortunate enough to already own a vacation home. In either case, you may wonder about the tax implications...
by Sarah Boehle Pool | Apr 15, 2024 | Latest News
Bartering is a taxable transaction even if no cash is exchanged If your small business is strapped for cash (or likes to save money), you may find it beneficial to barter or trade for goods and services. Bartering isn’t new — it’s the oldest form of trade — but the...
